117 Old Warren School RdLafayetteGA30728
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Lafayette at 117 Old Warren School Rd, Lafayette, GA, 30728 priced at $283,295 converts $1,674/mo rent into after a $1,387/mo obligation. Total monthly income equals $1,674/mo. Return on cash invested prints 18.84% in year one, and rental yield reads 7.09% against a $283,295 entry. Equity gained on principal adds $1,828/yr, while 5% annual appreciation compiles into $78,269 by year five. Five-year ROI reaches 97.16% and total cumulative return in cash sums $91,247. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,674/mo property income covering a $1,387/mo payment, not borrower’s personal income.
Single Family
Built in 2024
10,018 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30728, La Fayette, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,319 (100%) |
| Owner Occupied HU | 5,348 (64.3%) |
| Renter Occupied HU | 2,074 (24.9%) |
| Vacant Housing Units | 897 (10.8%) |
| Median Home Value | $195,833 |
| Average Home Value | $218,043 |
Housing Distribution
Address Breakdown
Residential
7,906
Single Family
7,801
Multi-Family
105
Businesses
577
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Listed by: Josh Shahan • DHI Inc
Mls Name: Greater Chattanooga Realtors
Mls ID: #1398222
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